Turmoil from sexual-harassment scandals led to high-profile exits and raised the prospect that Fox News’s dominance in cable news could be in jeopardy. But, while Fox may be looking over its shoulder more at rivals CNN and MSNBC, it has kept its hold on No. 1.
Cosco Shipping has agreed to buy a majority stake in smaller rival Orient Overseas in a deal worth $6.3 billion, as the world’s shipping industry continues to consolidate.
Tesla’s sales in Hong Kong plummeted after authorities slashed a tax break for electric vehicles, demonstrating how sensitive the company’s performance can be to government incentive programs.
Apple’s iTunes Store—already struggling against growing competition for music listeners—is losing the battle for video viewers. The company’s market share for renting and selling movies has slid over the past decade.
After more than a decade spinning power from the gusts that sweep Europe’s North Sea, the offshore wind industry is finally turning to the U.S. A big hurdle: getting its giant turbines to American waters.
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